Global Physiotherapy Equipment Market Size & Outlook

The physiotherapy equipment industry worldwide is expected to reach a projected revenue of US$ 33,488.8 million by 2030. A compound annual growth rate of 7% is expected of the worldwide physiotherapy equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$20,921.9
Forecast, 2030 (US$M)
$33,488.8
CAGR, 2024 - 2030
7%
Report Coverage
Worldwide

Global physiotherapy equipment market, 2018-2030 (US$M)

Global physiotherapy equipment market highlights

  • The global physiotherapy equipment market generated a revenue of USD 20,921.9 million in 2023 and is expected to reach USD 33,488.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
  • In terms of segment, musculoskeletal accounted for a revenue of USD 12,604.0 million in 2023.
  • Cardiovascular & Pulmonary is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 20,921.9 million
Market revenue in 2030USD 33,488.8 million
Growth rate7% (CAGR from 2023 to 2030)
Largest segmentMusculoskeletal
Fastest growing segmentCardiovascular & Pulmonary
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMusculoskeletal, Pediatrics, Cardiovascular & Pulmonary, Other Application, Neurology

Other key industry trends

  • In terms of revenue, the North America accounted for 38.1% of the global physiotherapy equipment market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 1,172.2 million by 2030.

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Physiotherapy Equipment Market Companies

Name Profile # Employees HQ Website

Global physiotherapy equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physiotherapy equipment market will help companies and investors design strategic landscapes.


Musculoskeletal was the largest segment with a revenue share of 60.24% in 2023. Horizon Databook has segmented the Global physiotherapy equipment market based on musculoskeletal, pediatrics, cardiovascular & pulmonary, other application, neurology covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Physiotherapy Equipment Application Outlook (Revenue, USD Million, 2018-2030)
    • Musculoskeletal
    • Pediatrics
    • Cardiovascular & Pulmonary
    • Other Application
    • Neurology
      • Stroke
      • Spinal Cord Injuries
      • Parkinson’s Disease
      • Multiple Sclerosis
      • Cerebral Palsy
      • Other Neurological Applications
  • Global Physiotherapy Equipment Type Outlook (Revenue, USD Million, 2018-2030)
    • Hydrotherapy
    • Cryotherapy
    • Continuous Passive Motion (CPM)
    • Ultrasound
    • Electric Stimulation
    • Heat Therapy
    • Therapeutic Exercise
    • Other Equipments
  • Global Physiotherapy Equipment Demographics Outlook (Revenue, USD Million, 2018-2030)
    • Geriatric population
    • Non-geriatric population
  • Global Physiotherapy Equipment End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Rehabilitation Centers
    • Other End Use

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Target buyers of Global physiotherapy equipment market databook

  • Our clientele includes a mix of physiotherapy equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global physiotherapy equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global physiotherapy equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global physiotherapy equipment market size, by regions, 2018-2030 (US$M)

Top 10 countries: Physiotherapy equipment market size, 2023 (US$M)

Global physiotherapy equipment market share, by application, 2023 & 2030 (%, US$M)

Physiotherapy equipment market: Opportunity assessment by country

Global physiotherapy equipment market, by region, 2023 (US$M)

Global physiotherapy equipment market size, by regions, 2018-2030 (US$M)

Application 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 7,394.7 7,816.4 7,237.8 7,346.3 7,640.2 7,977.4 8,362.5 8,800.8 9,298.5 9,862.8 10,502.2 11,226.4 12,047.1 6.1%
Europe 5,022.4 5,324.5 5,001.8 5,126.8 5,357.5 5,618.0 5,911.6 6,241.9 6,613.3 7,030.7 7,500.0 8,027.8 8,621.9 6.3%
Asia Pacific 3,649.1 4,035.2 3,794.2 3,904.2 4,098.1 4,335.6 4,622.9 4,967.5 5,379.0 5,869.2 6,452.6 7,147.7 7,976.8 9.1%
Latin America 1,546.8 1,677.0 1,570.0 1,602.9 1,670.3 1,748.3 1,839.2 1,945.5 2,070.6 2,218.8 2,395.4 2,607.5 2,864.4 7.3%
MEA 1,049.5 1,134.8 1,090.3 1,123.0 1,179.2 1,242.6 1,314.0 1,394.5 1,485.1 1,587.2 1,702.3 1,832.1 1,978.7 6.9%
Overall 18,662.4 19,987.7 18,693.9 19,103.3 19,945.3 20,921.9 22,050.2 23,350.2 24,846.5 26,568.7 28,552.5 30,841.5 33,488.8 7.0%

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